Da Lat inaugurates fund for flower farmers

A loan scheme to support flower farmers was launched in Da Lat city in
the central highlands province of Lam Dong on September 19.

The Agrivina- Dalat Hasfarm fund is being run by Agrivina Ltd. Co., one
of the biggest flower growers and exporters in the city, with a total
capital of 2 billion VND (94,300 USD). The first five households were
awarded funds on the inauguration day.

The fund offers loans of
50 million VND (2,300 USD) for flower farms of 1,000 sq.m and 100
million VND (4,700 USD) for farms of 1more than 1,000 sq.m. The
interest -free loan is to be paid back after two years.
The
fund is to be used to build greenhouses, invest in technological tools,
and improve sprinkler systems in a bid to enhance the quality of
flowers.

Agrivina executives said around 150 farmers are supplying flowers to the company for export.
At present, Lam Dong province has over 7,000ha of flower farming
land, making it the nation’s biggest flower producer. Over 4,400ha of
this land is in Da Lat.

During the first seven months of this
year, the province generated 16 million USD in flower export revenue,
accounting for 5.9 percent of its total earning from exports.-VNA